Published: 2025-11-13T02:26:27.000Z
Chart USD/KRW Update: Lower in consolidation from 1475.00 high
2
No follow-through on break above the 1470.00 level as prices settled back in consolidation from the 1475.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 2024 year, 9 Apr YTD highs | S1 | 1460.00 | * | congestion | |
| R3 | 1480.00 | congestion | S2 | 1446.00 | * | congestion | ||
| R2 | 1477.00 | Mar high | S3 | 1440.00 | ** | congestion | ||
| R1 | 1470.00 | * | congestion | S4 | 1425.00 | * | Feb low, congestion |
Asterisk denotes strength of level
02:20 GMT - No follow-through on break above the 1470.00 level as prices settled back in consolidation from the 1475.00 high to unwind overbought intraday studies. Daily and weekly studies are stretched as well and caution corrective pullback from the latter. Would take break of support at 1460.00 to open up room for deeper pullback to the 1450.00/1446.00 area then the strong support at 1440.00 congestion and October high. Break above 1475.00 high and 1477.00 March high, if seen, will open up room to the 1480.00 congestion and 1487.00, April current year high.